https://www.taxtmi.com/caselaws?id=2939 The High Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision to allow the respondent's appeal for a refund of excess interest paid under Section 61 of the Customs Act 1962. The Court determined that the interest period should be calculated from the actual deposit of goods at Toranagallu, where physical delivery occurred, rather than from the entry of goods at Chennai Port. The Court dismissed the department's appeal, affirming the Tribunal's findings and the refund granted to the respondent. en-us Mon, 24 Dec 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2939 The High Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision to allow the respondent's appeal for a refund of excess interest paid under Section 61 of the Customs Act 1962. The Court determined that the interest period should be calculated from the actual deposit of goods at Toranagallu, where physical delivery occurred, rather than from the entry of goods at Chennai Port. The Court dismissed the department's appeal, affirming the Tribunal's findings and the refund granted to the respondent. Case-Laws Customs Mon, 24 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2939